K-line chart, characteristic data, capital flow, announcements, individual stock calendar, core themes. Latest price: 18.77. Change in amount: -0.04. Change in percentage: -0.21%. Trading volume: 738,000 lots. Transaction amount: 1.38 billion. Turnover rate: 0.99%. P/E ratio: 16.66. Total market value: 167.1 billion. Check the stock market of this stock?? Real-time capital flow?? In-depth data revelation?? Enter Guotai Junan Bar?? Guotai Junan capital flow.
Related stocks: First Venture (7.08, 7.27%). Pacific Securities (4.54, 3.89%). Harbin Investment Co., Ltd. (6.29, 3.80%). Southwest Securities (4.77, 3.02%). Related sectors: Equity incentive (2.60%). Yangtze River Delta (2.38%). Shanghai sector (2.32%). Institutionally heavy holdings (2.02%). K-line chart, characteristic data, capital flow, announcements, individual stock calendar, core themes. Latest price: 11. 88. Change in amount: -0.25. Change in percentage: -2.06%. Trading volume: 2.6 million lots. Transaction amount: 3.1 billion. Turnover rate: 2.69%. P/E ratio: 81.42. Total market value: 155.2 billion. Check the stock market of this stock?? Real-time capital flow?? In-depth data revelation?? Enter Haitong Securities Bar?? Haitong Securities capital flow. Related stocks: First Venture (7.08, 7.27%). Pacific Securities (4. 54, 3.89%). Harbin Investment Co., Ltd. (6.29, 3.80%). Southwest Securities (4.77, 3.02%). Related sectors: Pre-loss and pre-reduction (3.11%). Yangtze River Delta (2.38%). Shanghai sector (2.32%). Institutionally heavy holdings (2.02%).On the evening of September 23, Guotai Junan issued an announcement stating that the stock will continue to be suspended and is planning to promote the matters related to the merger by share exchange and absorption of Haitong Securities. Guotai Junan also announced simultaneously on the Hong Kong Stock Exchange that prior consent or approval from regulatory authorities must be obtained before the proposed merger with Haitong Securities.
At the same time, Haitong Securities also announced that it will continue to be suspended, actively promote various works, and fulfill information disclosure obligations according to the progress of the restructuring. It is worth noting that recently, Guotai Junan Securities has applied for the registration of trademarks such as ‘Guotai Haitong’, ‘Haitong Guotai’, and ‘Guotai Junan Haitong’. The international classification is financial management and office supplies. The current trademark status is all awaiting substantive examination. Guotai Junan and Haitong Securities: Continue suspension to promote the merger by share exchange and absorption matters. On the evening of September 23, Guotai Junan released the ‘Announcement on the Progress of Suspension for Planning Major Asset Restructuring Matters’. The announcement shows that the company and Haitong Securities are planning to merge Haitong Securities by share exchange through the company issuing A-share stocks to all A-share shareholders of Haitong Securities and issuing H-share stocks to all H-share shareholders of Haitong Securities and issuing A-share stocks to raise supporting funds (hereinafter referred to as this restructuring).Due to significant uncertainties regarding the relevant matters of this reorganization, in order to ensure fair information disclosure, protect the interests of investors, and avoid abnormal fluctuations in the company’s stock price, in accordance with the relevant regulations of the Shanghai Stock Exchange, the company’s stocks will continue to be suspended. Guotai Junan stated that during the suspension period, the company actively promotes various works and fulfills information disclosure obligations in strict accordance with the provisions of relevant laws and regulations according to the progress of this reorganization.
After the relevant matters are determined, the company will promptly issue relevant announcements and apply for the resumption of trading of the company’s stocks. The specific cooperation plan for this reorganization is subject to the transaction documents further signed by both parties. This reorganization still needs to go through necessary internal decision-making procedures and can be officially implemented only after approval by regulatory authorities. There is still uncertainty about whether it can be implemented. Guotai Junan also announced simultaneously on the Hong Kong Stock Exchange that the proposed merger between the company and Haitong Securities needs to be submitted to the respective boards of directors and shareholders’ meetings for review and can be officially implemented only after approval by the competent regulatory authorities. Prior consent or approval from regulatory authorities must be obtained before officially announcing the proposed merger. Tonight, Haitong Securities A shares also issued the ‘Announcement on the Progress of Suspension for Planning Major Asset Restructuring Matters’, and Haitong Securities H shares issued ‘Latest Progress of Suspension’, which is consistent with the content of Guotai Junan’s announcement. 1.6 trillion! A ‘carrier-class’ securities firm is on the horizon. On the evening of September 5, Guotai Junan and Haitong Securities both announced that Guotai Junan and Haitong Securities are planning for Guotai Junan to absorb and merge Haitong Securities and issue stocks to raise supporting funds. The two companies began to be suspended from trading starting from the opening of the market on September 6. According to information from Tianyancha, recently, Guotai Junan Securities has applied for registering trademarks of ‘Guotai Haitong’, ‘Haitong Guotai’, and ‘Guotai Junan Haitong’. The international classifications are financial management and office supplies. The current trademark status is all waiting for substantive examination. According to public information, Guotai Junan Securities was established in August 1999 through the new establishment and merger and capital increase and share expansion of Guotai Securities and Jun’an Securities established in 1992. Its headquarters is located in Shanghai. Currently, the actual controller is Shanghai International Group Co., Ltd. Guotai Junan Securities was listed on A shares in 2015 and on H shares in 2017, and it is an A+H share listed company. Guotai Junan Securities has always maintained strong comprehensive competitiveness. In recent years, its core financial indicators have firmly remained in the first echelon of the industry and has received the highest regulatory rating of Class A and AA from the China Securities Regulatory Commission for 17 consecutive years. Haitong Securities was established in 1988 and was initiated and established by Bank of Communications. Its headquarters is located in Shanghai. Currently, the largest shareholder is Shanghai Guosheng (Group) Co., Ltd. Haitong Securities has no controlling shareholder and no actual controller.The company was listed on A-shares in 2007 and on H-shares in 2012. It is an A+H-share listed company. Haitong Securities is one of the earliest established securities companies in China with the strongest comprehensive strength. It has an integrated business platform, a huge marketing network and a strong customer base.
According to the 2023 annual report data of the two companies, if Guojun and Haitong merge, the total assets and net assets after the merger will reach 1.68 trillion yuan and 330.2 billion yuan respectively, both surpassing CITIC Securities and ranking first in the industry. In recent years, the central government and relevant departments have repeatedly emphasized promoting leading securities companies to become better and stronger. Lu Hao, co-chief analyst of non-bank finance at CITIC Securities, said that previous mergers and acquisitions were concentrated among medium-sized securities companies. The merger of Guojun and Haitong is the first merger case of leading institutions in this cycle and also the first merger case of listed securities companies in the industry. It responds to the country’s macroscopic direction of building first-class investment banks and promoting high-quality development of the industry. In the long term, it is expected to significantly change the industry’s competitive landscape and open up space for subsequent mergers and acquisitions and reorganizations in the securities industry. Luo Zuanhui, chief analyst of non-bank finance at Shenwan Hongyuan Research Institute, believes that in the future, the general trend of internal mergers and acquisitions and integration in the securities industry will not diminish. At present, the mergers and acquisitions and reorganizations in the securities industry have entered a new round of acceleration period. In the short term, it still unfolds at the rhythm of ‘one case, one case launched’. In the future, the competitive landscape of the securities industry will show a trend of concentration and differentiation. Among them, the advantages of leading securities companies are concentrated in scale and size, business advantages, and customer group differences. The Matthew effect in the industry is prominent.